Complete Sub Project
Explanation
This activity is used to complete a sub project.
Prerequisites
In order to perform this activity:
- A sub project with all it's activities in the Closed status
should be connected to a project defined in IFS Project.
- The capitalization posting method of the project to which the sub
project belongs should be Periodical.
- All the vouchers relating to the sub project should be updated to the
General Ledger. (Note: The vouchers relating to the sub project are
those with postings to the project to which the sub project belongs, and
with an activity belonging to the sub project specified in the same voucher
rows.)
System Effects
As a result of this activity:
- A voucher of the voucher type P will be
created in the hold table for projects of Capitalize Rev/Exp, Capitalize Expenses and
Capitalize Revenue types. If the
Separate GL/IL Rules check box is selected for the project, separate
General Ledger and Internal Ledger vouchers will be created. No vouchers are
created for projects of which the project type is No Capitalization or Project as Code Part.
- The status of the project to which the sub project belongs will change
to PartiallyCompleted if it has other subprojects which are not
complete. If all other sub projects are completed, the project status will
change to Completed.
Window
Projects
Project
Related Window Descriptions
Projects
Project
Sub Project Completion
Procedure
To complete a sub project:
- Open the Project
or Projects
window and search for the project for
which you want to complete sub projects.
- Right-click in the window and then click Sub Project Completion
to open the Sub Project Completion dialog
box.
- Enter the ID of the sub project you want to complete in the Sub
Project ID field. The List of Values can be used to select the
relevant sub project.
- Modify the values displayed in the User Group, Voucher Type,
Voucher No and Voucher Date fields if required. (Note:
This should be done in both General Ledger and Internal Ledger tabs if the
Separate GL/IL Rules check box is selected for the project in the Project
and Projects
windows.)
- Modify the information displayed in the Cost Completion - Reposting
Rules table if required. (Note: This should be done
in both General Ledger and Internal Ledger tabs if the Separate GL/IL
Rules check box is selected for the project in the Project
and Projects
windows.)
- Click OK to save the changes and complete the sub project.